Business, 06.08.2019 23:30 Clervoyantyvonne

Kelly jones and tami crawford borrowed $11,143 on a 7-month, 7% note from gem state bank to open their business, jc’s coffee house. the money was borrowed on june 1, 2017, and the note matures january 1, 2018. collapse question part (a) prepare the entry to record the receipt of the funds from the loan. (b) prepare the entry to accure the interest on june 30. (c) prepare the entry required on jan 1, 2018, when the loan is paid back.

Answers: 3

Show answers

Other questions on the subject: Business

Business, 22.06.2019 07:30, SophomoreSareke

Which of the following is an example of an unsought good? a. cameron purchases a new bike. b. jordan buys paper towels. c. taylor buys cupcakes from her favorite bakery. d. riley buys new windshield wipers for her car.

Answers: 3

continue

Business, 22.06.2019 10:00, joy8348

Which term best fits the sentence? is the process of reasoning, analyzing, and making important decisions. it’s an important skill in making career decisions. a. critical thinking b. weighing pros and cons c. goal setting

Answers: 1

continue

Business, 22.06.2019 10:30, alyea231

Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst

Answers: 1

continue

Business, 22.06.2019 20:00, payshencec21

Ajax corp's sales last year were $435,000, its operating costs were $362,500, and its interest charges were $12,500. what was the firm's times-interest-earned (tie) ratio? a. 4.72b. 4.97c. 5.23d. 5.51e. 5.80

Answers: 1

continue

You know the right answer?

Kelly jones and tami crawford borrowed $11,143 on a 7-month, 7% note from gem state bank to open the...